Univision and Televisa Set Merger Deal to Create Spanish-Language Content Powerhouse

  • 📰 Variety
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Univision and Televisa have come to terms on a merger agreement, a long-awaited deal that will create a Spanish-language TV giant with broad reach in Mexico and the U.S. The deal calls for Televisa…

have come to terms on a merger agreement, a long-awaited deal that will create a Spanish-language TV giant with broad reach in Mexico and the U.S.

“This transformative combination brings together the leading network serving U.S. Spanish-language audiences with the leading media platform in Mexico powered by the most powerful Spanish-language content engine in the world,” said Davis. “Televisa-Univision will emerge as the leading global Spanish-language multi-media company, uniquely positioned to capture the significant market opportunity for Spanish speakers worldwide.

Alfonso de Angoitia, at present Televisa co-CEO, will serve as executive chairman of the Televisa-Univision board. Marcelo Claure, CEO of SoftBank International, will become vice chairman.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 108. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mexico’s Televisa to Merge Content Business With UnivisionA tie-up between Televisa and Univision that creates a new company with Softbank as an investor aims to expand streaming video services in underserved Spanish-speaking markets Inbox me if you’re interested in earning $500 by through crypto trading. You must have a phone or PC But will they have subtitles?!!!! diosmio thanks for this news
Source: WSJ - 🏆 98. / 63 Read more »

Spanish-speaking audiences are a huge streaming market. Do media companies understand it?Executives often tout the importance of Spanish-language audiences, and if recent deals are any clue, Latino viewers are a key part of the streaming wars.
Source: latimes - 🏆 11. / 82 Read more »